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whether he should face mandatory indictm t indictment. an issue involving the relocation of the u.s. marine corps futenma air station in okinawa also had a negative impact on the hatoyama government. the former prime minister vowed to transfer the american base outside okinawa during last year's election campaign. but last may he reversed his position. hatoyama had essentially sided with japan's biggest ally, the united states. the two countries agreed to relocate part of futenma to u.s. camp schwab, also in okinawa. the agreement prompted the social democrats to quit the democratic party's coalition government. by this time the approval rating for hatoyama's cabinet had fallen to 21%. some democratic party members became nervous because japan's upper house election was just around the corner. hatoyama stepped down together with ozawa to help the dpj regain the public's trust. with hatoyama gone, naoto kan took over, become's japan's fifth leader in just four years. but he's the first one that doesn't come from a political family. kan tried to distance himself from ozawa to show the
's gains. ines matsuyama joins us with the details. >> that's right, catherine. good morning. wall street's rally spurred a rebound in tokyo stocks on thursday morning. investors helped push the nikkei average above the 9,000-yen level. the index ended the morning session at 9,035 points, up 1.2%, or 108 ticks from wednesday's close. sources say the stronger than expected data on u.s. manufacturers' business sentiment drove new york stocks up. that surge prompted investors in tokyo to go on a buying spree. >>> checking currencies, the dollar's hovering around a narrow range against the yen on thursday morning. it's currently at 84.33-35. while the euro's at 107.92-97. before the dollar started its slide, it gained against the yen, thanks to better than forecast u.s. manufacturing data. here's a look at the latest long-term interest rates. this is the yield on the benchmark ten-year japanese government bond. in other markets, hong kong's hang seng opened 1.2% higher. it's currently up 1.3%. the shanghai index for major blue chips is up 0.7%. and in shenzhen the sse composite is up 0.6%. >>
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